Yoon's 3 Major Reforms Support? National Tax Service Chief Orders 'Data Provision' in New Year's Address

[Asia Economy Sejong=Reporter Kim Hyewon] On the 3rd, Kim Chang-gi, Commissioner of the National Tax Service (NTS), instructed, "I hope that national tax data will be provided to the maximum extent within the legal scope so that it can be usefully utilized in the government's comprehensive efforts to support the recovery of the livelihood economy."

In his New Year's address that day, Commissioner Kim stated, "We must actively support the recovery of the livelihood economy and the revitalization centered on the private sector from the tax administration perspective."

It is unusual for the NTS Commissioner to mention 'provision of national tax statistics' in his first message of the new year. This is interpreted as being mindful of internal and external calls that the cooperation of the NTS is necessary for the three major reforms, which are key national tasks of President Yoon Seok-yeol, including pension reform. The Statistics Korea, which is conducting comprehensive pension statistics work, has often complained about difficulties in producing accurate statistics due to data being scattered across various ministries such as the NTS and the Ministry of Health and Welfare, as well as departmental selfishness that is reluctant to provide data.

Commissioner Kim also emphasized, "We must thoroughly prepare for the expansion of the Earned Income Tax Credit and Child Tax Credit systems and support the economic independence of low-income households more robustly through accurate screening and prompt payment," adding, "We must also actively support companies that export and create jobs from the tax administration perspective."

Regarding improving taxpayer filing convenience, he said, "All processes from pre-filing guidance to tax payment must be reexamined from the taxpayer's perspective," and added, "We should expand the provision of filing assistance materials tailored to demand through big data analysis and make pre-filled and fully-filled services more convenient for taxpayers to use."

He continued, "We must continuously advance digital national tax administration," and stated that they will develop the pilot-introduced artificial intelligence (AI) tax secretary (tentative name) into an intelligent home tax service centered on taxpayers by expanding its application, and reduce in-person visits through improvements in tax services utilizing mobile environments."

The policy is to strictly punish tax evasion and delinquency that undermine fair competition and social solidarity to realize fair taxation. Commissioner Kim emphasized, "Considering the severe economic situation, tax audits will be conducted cautiously, but unfair tax evasion such as disguised management succession and corporate fund outflows using capital and international transactions will be thoroughly verified, and chronic tax evasion by livelihood-impairing businesses and new types of tax evasion will be strictly dealt with."

He added, "Deliberate and intelligent delinquency must be tracked to the end and thoroughly recovered," and stated that big data technology will be fully introduced into delinquency management, and on-site collection activities will be strengthened to enhance the expertise and efficiency of delinquency work."

This content was produced with the assistance of AI translation services.